Queensland technology accelerator and business incubator ilab will play host to the inaugural developer weekend www.jumpstarters.org.
New tech-focused business ideas will be jumping into action this weekend when Queensland technology accelerator and business incubator ilab will play host to the inaugural developer weekend www.jumpstarters.org. The event will bring together up to 70 software developers and designers who will compete for prizes with help from technology and business coaches and mentors.
Supported by local, interstate and international technology companies and mentors, the competition will see up to 15 teams conceive, develop and validate online or mobile products and services built over the weekend. The competition will culminate with a 3 minute pitch on Sunday afternoon for a prize of up to $20,000 in further technical and business development through ilab’s Germinate Program. The teams will work throughout the weekend with local and Sydney-based technical, business and user experience mentors as well as seasoned entrepreneurs who will be on hand to offer support and guidance.
“Jumpstarters.org is part of a global trend to help budding entrepreneurs turn their business ideas into reality by building and testing them quickly”, says Leigh Angus, Program Director for ilab. “The tech world moves so fast these days and having experienced tech-entrepreneurs helping the contestants will focus them to build and execute on their idea quickly.” The projects emerging from the weekend could be the new wave of start-ups to come out of a growing Brisbane tech-scene incubated through various organisations including ilab and jumpstarters.org sponsor Creative Enterprise Australia (CEA) based in Kelvin Grove.
Like AngelHack and Startup weekends held in Silicon Valley and around the world, Jumpstarters.org is about building business ideas with global reach. The first of its kind out of ilab, the weekend is sponsored by Locatrix, Microsoft, ninefold, WolfByte, Creative Enterprise Australia, UQ’s IdeaNetwork and brings in guest speakers and judges from across the entrepreneurial and technical community, both locally and interstate.
Seasoned technology entrepreneur Mark White, Founder & CEO of Locatrix Communications is one of the judges for Jumpstarters 2012, and thinks the event demonstrates the evolving maturity of the technology startup scene in South East Queensland. “Budding entrepreneurs need to lose their fear of failure, and the Jumpstarters event is a great way to learn what it takes to create and build a product or service. Fail or succeed, I think all participants in this weekend’s event will benefit enormously from the Jumpstarters experience.”
Jumpstarters.org runs from Friday evening 12th October through to evening on Sunday 14th October.
ilab was established by the Queensland Government in 2000 to support early stage, high-tech companies through the first few years of development by building their business management capabilities, fostering mentor networks for start-up founders, creating investor ready companies, and graduating companies with increased chances of success. ilab has incubated over 100 start-up companies and helped then them raise over $70 million in grant and investment capital to fund their growth and generate nearly 400 technology jobs. UQ Holdings Pty Ltd, a wholly owned subsidiary of The University of Queensland (UQ), acquired ilab in 2009. With continued funding from the State Government, ilab has become an independent division of another UQ Holdings subsidiary, UniQuest, with its own funding, staffing and management structure.
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UniQuest Pty Limited
Established by The University of Queensland in 1984, UniQuest is widely recognised as one of Australia’s largest and most successful university commercialisation groups, benchmarking in the top tier of technology transfer worldwide. From an intellectual property portfolio of 1,500+ patents it has created over 70 companies, and since 2000 UniQuest and its start-ups have raised more than $450 million to take university technologies to market. Annual sales of products using UQ technology and licensed by UniQuest are running at $3 billion. UniQuest now commercialises innovations developed at The University of Queensland and its commercialisation partner institutions: the University of Wollongong, University of Technology Sydney, James Cook University, University of Tasmania, Mater Medical Research Institute, and Queensland Health. UniQuest also provides access to an expansive and exclusive network of independent academics to tailor a consulting or project R&D solution to meet the diverse needs of industry and government, facilitating some 500 consulting, expert opinion, testing, and contract research services each year. UniQuest is also a leading Australasian provider of international development assistance recognised for excellence in technical leadership, management and research. Working with agencies such as AusAID, NZAID, the Asian Development Bank and the World Bank, UniQuest has developed and implemented more than 400 projects in 60+ countries throughout the Pacific, South-East Asia, the Indian sub-continent and Africa. http://www.uniquest.com.au